Key Points
New Delhi: In a fresh set of restrictions against Chinese imports, the US has introduced new rules against textiles, shoes, machinery, apparel and other products that enter the American market duty-free under a special exemption...
Under the new rules, US President Joe Bidens administration seeks to counter low-value products mainly originating from China-founded e-commerce platforms...
The majority of shipments entering the United States claiming the de minimis exemption originate from several China-founded e-commerce platforms, according to a statement issued by the White House Friday...
According to the statement from the White House, goods entering the market under this provision have less information which makes it increasingly difficult to block illegal or unsafe shipments...
Fast-fashion retailer Shein banned in India in 2020 and online marketplace Temu are some Chinese companies expected to be affected by the new rules..
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